The clock is ticking for the flood of blank-cheque companies that raised money last year, and competition is only getting hotter.
2020 was a bountiful year for medtechs making their public debut, with one group, Inari Medical, more than quadrupling in value.
Whether investor enthusiasm for drug stocks holds up this year is the burning question for IPO followers.
A look at how drug developers fare after floating in Europe suggests why many tread a path to the US and a Nasdaq listing.
Investors are piling into biotech IPOs, but the track record of previous years' new issues shows how hard it is to pick winners.
Drug developers raised a record $4.5bn in IPOs in the third quarter, and investor support for biopharma shows little sign of waning.
Curevac’s market cap has ballooned almost fivefold since floating, sending the mRNA company into the record books.
Medtechs going public in 2020 raised a decent amount of cash, but have had a turbulent time of it since.
After a brief pause in the first quarter flotations have come flooding back, with drug developers raising almost $5bn so far this year.